Back in 2004, Ed and I started a business to try to help people save their homes from foreclosure. We were taught by someone in Michigan who was very successful at it.

The idea was: We matched up an interested investor, with someone facing foreclosure. If the homeowner had enough equity in their home, it could work. The homeowner would voluntarily sell their home to the investor, thus freeing up the equity they had in thier home... while paying off the mortgage company... and preventing the foreclosure. Then, they would immediately buy their home back from the investor on a "land contract".

The whole process was a win-win. The homeowner would not lose their home. The equity that was freed up was enough to pay the investor a decent fee for extending his credit and risk, and there was usually enough for a small fee for us, and often even cash back to the homeowner. Everyone wins. Everyone was happy. Even the mortgage company was happy... being paid off in full.

It was actually a brilliant idea... which had barely ever been done before. And it helped many people save their homes.

What happened though... in short is.... We were a victum of our own success. At the same time that we had just begun a radio advertising campaign... mortgage foreclosures hit an all time high.

We were suddenly swamped with applications to process. We hired more people as fast as we could, but there was no time to train them. It was a disaster. A management and planning disaster. As a result, we dropped the ball. We did not get applications processed fast enough.

We had every single applicant sign a contract -- and with their signature notorized -- stating that they understood clearly that there was no guarantee that we would be able to match them with a suitable investor. No guarantee that we would be able to save their home.

Of course, we needed to charge a deposit in order to pay for the weeks worth of processing paperwork that was needed in order to deterine their deed, their mortgages, determine their equity, get appraisals on the property... then try to match them with suitable investors.

The whole thing was a miserable failure. When people panicked because they couldn't get answers from us fast enough... they freaked out. They complained to the BBB, and all the way up.

Bold Funding was a disaster. We got overwhelmed with applications. So many applications that.... even tho we tried... it was hopeless to try to process them all. As a result, people were let down. It was never our intention to harm nor defraud anyone. We were not present at the proceedings for the civil lawsuit against us, at the advice of our legal council. And that was only a CIVIL trial, by the way. No criminal charges were ever filed. The case is closed for the government too. The statute of limitations is 6 years, and they never considered the case worthy.

People who know me, know that I have been promoting bitcoins, accepting cash deposits and delivering bitcoins in exchange, and I never defraud anyone.

We were only trying to run a business which would help people. It's just that we failed miserably.

I live with the pain of knowing that we let people down who were hoping that we could help them save their homes.... and faster. But all in all, we were only able save a small percentage of the homes we were tasked with.

It was never fraud. It was mismanagement. And we learned a LOT of lessons from that experience. Lessons we will never forget.

Hey, I had a mod unlock the thread since you didn't want anyone to respond.

First off, the statute of limitations doesn't mean anything if you've already been found guilty. Secondly, what about the $514,000 pending judgment against you in the state of New York? Anything you want to say about that one?

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“Thith ith where I live. Thith ith me. I will not allow violenth againsh thith houth.”

Did you pay the fines that were levied in the civil court? And did you attempt to pay back the desperate people who lost money?

Or did you move to a different state while defaulting on your rent?

These are great questions - and remember, it's very easy to get the State of Illinois to disclose the current status of the judgement as well as the status of disbursements to the victims.

It's also worthy to note that the court documents point out that you could never actually identify anyone who you actually helped with your "services". Or did SA plant that in an official court document from a couple years back as well?

The lawsuit also alleges that the defendants did not arrange or provide any funding, but kept homeowners' fees. Neither Bold Funding nor Bruce Wagner possessed an Illinois residential mortgage broker's or lender's license.

The defendants are charged with violating the Illinois Consumer Fraud and Deceptive Business Practices Act.

Certainly, no one can accuse you of being a good con artist. Your story is consistent with the scarier sounding State's Attorney document. However, I wonder why you didn't point to Tod Williams as a beneficiary of your service?

Bruce, stop trying to help people and just be Ben, could possibly help you and the others greatly.people with conviction, are often seen with humility.

just be who you are sir.

I'm not trying to be funny or make fun of you at all, it's just the world works with you when you be who you are.I personally have a pretty dark past, and I have found I shine the brightest when I am simply who I am.(within the boundaries of society of course)

Bold Funding and Bruce Wagner could not identify anyone who actually received any funding through the efforts of the Defendants.

Not. One.

I love the "guys, relax, it was only a civil suit!" line of argument.

Of course, when the best excuse you can come up with is "we aren't criminals, just grossly incompetant!" and even that is clearly contradicted by the facts of the case, there's not really much else you can say to defend yourself, is there?

Of course, when the best excuse you can come up with is "we aren't criminals, just grossly incompetant!" and even that is clearly contradicted by the facts of the case, there's not really much else you can say to defend yourself, is there?

Especially because corporate shield laws, evidentiary rules, and things like that being what they are in very many states, it's pretty common that there's more than enough to get them for a criminal case but it's easier to go for civil. Especially if the goal is to force the criminal to repay the victims the money he stole from them.

"Oh, I was ordered to pay back the money I stole. But it wasn't a CRIMINAL CASE."

"MOOOOOOOM! SOME MYTHICAL WOLFBEAST GUY IS MAKING FUN OF ME ON THE INTERNET!!!!"

Bruce they think I'm you lol ... as I said before there are couple of SA turds here that think they can go around character assassinating anyone and everyone I still have faith in you!

You need to stop adding all those extremely characteristic traits you have when you write under your real name, when you're pretending to be someone else, Bruce. Especially those tree dots with space before and after which you seem to use all the time. I noticed you have toned down some of your other trademarks a bit since the first messages, but there are still plenty.

If using the three points means being Bruce, more than half the forum is Bruce.

Its this kind of ridiculous assertions from low count post members that make all the acusations look extremely stupid and basically an orchestrated campaign.

This is going to go just like the other thread Bruce started, isn't it? Bruce posts a bunch of transparent lies in his defense, and then once people rightfully pick apart his lies and post proof that he's lying, he's suddenly nowhere to be found.